https://www.taxtmi.com/caselaws?id=267174 For duty liability arising from undervaluation, penalty under Section 11AC of the Central Excise Act is mandatory and must equal the duty determined; the adjudicating authority has no discretion to impose a lower penalty. Where that statutory penalty has been imposed for the relevant infraction, no additional penalty is required under Rule 173Q of the Central Excise Rules for the same conduct. The statutory framework also permits payment of a reduced penalty within the stipulated period. en-us Wed, 23 Sep 2015 00:00:00 +0530 Sat, 31 Oct 2015 09:43:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267174 For duty liability arising from undervaluation, penalty under Section 11AC of the Central Excise Act is mandatory and must equal the duty determined; the adjudicating authority has no discretion to impose a lower penalty. Where that statutory penalty has been imposed for the relevant infraction, no additional penalty is required under Rule 173Q of the Central Excise Rules for the same conduct. The statutory framework also permits payment of a reduced penalty within the stipulated period. Case-Laws Central Excise Wed, 23 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267174